HS Code 2712
Official Classification
Petroleum jelly; paraffin wax, microcrystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes and similar products obtained by synthesis or by other processes, whether or not colored:
🤖 AI Analysis
HS Code 2712 encompasses a variety of waxes and petroleum-based products, including petroleum jelly, paraffin wax, microcrystalline petroleum wax, and other similar mineral waxes. These products are commonly used in the cosmetics, pharmaceutical, food packaging, and candle manufacturing industries due to their properties such as moisture retention and stability. Importers should be aware that the general duty rate for items under this classification can vary, which means it's crucial to determine the specific duty applicable to the product being imported. Understanding these duty implications can significantly impact the overall cost of importing these materials, affecting pricing strategies and profit margins for businesses operating within these sectors.
Frequently Asked Questions
How much is the duty for HS Code 2712?
The standard general duty rate for importing goods under HS Code 2712 into the US is 0% based on the current Harmonized Tariff Schedule.
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